Juan Carlos

Juan Carlos is 23 years old, lives in a common-law marriage and has a daughter. He lives with his daughter and wife in the city of Ventanas, province of Los Ríos. He is a member of Ventanilla communal bank "24 de Septiembre", which is located in the area of San Gabriel, belonging to Cantón Ventanas. They are engaged to agricultural and livestock jobs.

Juan Carlos is engaged to planting corn, in his own plots and also in rented plots. The money from the loan will be invested in the purchase of seeds, fungicides, Ranger and weed killer to prevent diseases. The purchases will be made in the city of Ventanas.

The loan will support him to continue investing in agriculture. His dream is to have good health to continue working with the help of his wife. In his spare time, he likes to go for walks.

Additional Information

About Cooperativa San Jose

This loan is administered by Cooperativa San Jose, a 45,000-member credit union located high in the Andes Mountains of Ecuador’s poorest province, Bolivar. They offer a unique loan called “Ventanillas Rurales” [Window to the Countryside], which uses a group guarantee but is an individual loan with a savings component, mostly to rural borrowers. Due to low savings rates and a history of macroeconomic instability, many traditional loans in Ecuador demand interest rates that are prohibitively high for some borrowers. There is also a high incidence of extortionist black-market lending in Ecuador. CSJ helps mitigate these problems by providing a less onerous and more appropriate option. Join CSJ’s Lending Team!